Eight exhibitors chosen by attendees as the best new products at the show.
Strong growth predicted as uncertainty in the cotton market persists.
SBA lending activity in FY 2013 tops $29 billion.
Start-up company produces llama fiber yarn.
Report includes coverage of United States, Canada and Mexico.
Sports and recreation fabrics for apparel and gear match demanding customer expectations and show continued growth.
Textile processing units to establish environmental infrastructure and energy efficiency.
Optimizes fabric usage and enhances productivity for users.
The online portal is ready to accept nominations for 2014.
BRAIN, the Hohenstein Institute, Kelheim Fibres and rökona form research alliance.
An initiative to reach out to veteran entrepreneurs and small business owners.
Globe will continue as an operating division of Humphrys.
Free webinar, Nov. 7: Export opportunities in Mexico for textiles and apparel.
Accepting applications from graduate and undergraduate university students.
According to projections from the American Rental Association.
In an IFAI business climate survey, three factors constraining growth in the U.S. specialty fabrics market were mentioned: high raw material costs, overseas competition, and high oil/energy prices. From September –December 2008, high raw material and petroleum-related prices were exacerbated by tighter credit markets and record unemployment.
Survey respondents reported some positive factors: increasing market share due to increased consolidation, greater export opportunities, and development of new technology and growth in eco-friendly green markets. Growth markets include medical textiles, military applications, safety and protective products, and the domestic and international use of geosynthetics.
Increases in raw material and energy costs, increased labor costs and medical insurance premiums and the possible long-term shrinkage of the military market were mentioned as threats to growth. The poor economy means a weak U.S. dollar, tighter credit and reduced consumer buying. Overcapacity could be a problem, due to increased costs, decreased customer demand and global competition, especially from China and India.
In response, suppliers will focus on high value products, profitable niche markets and product diversification, improving manufacturing processes, R&D and information technology. Advertising, marketing and sales promotion will be key.
From the 2009 State of the Industry Report. Purchase a complete report at the IFAI Bookstore.